InSound raises capital to the tune of $2.8M to sell hearing aids

InSound Medical, a manufacturer of invisible hearing aids that can be worn for extended periods of time, has brought in $2.8 million of a targeted $4.5 million round of debt and rights, according to a filing with the SEC. Past investors in the Newark, Calif…. Continue Reading

Endoscopic Tech nabs $11M for heart surgery tools

Medical device maker Endoscopic Technologies brought in an $11 million tranche of second-round funding from Boston Scientific, Telegraph Hill Partners and Saints Capital. The money will be used to further develop the San Ramon, Calif. company’s line of devices that aid in cardiothoracic surgeries like… Continue Reading

OmniGuide raises $25 million for non-invasive laser surgery

OmniGuide has raised $25 million in a fifth round of financing to expand its laser surgery business. The company, based in Cambridge, Mass., makes BeamPath, a flexible optical fiber used to guide CO2 laser beams in surgery.

New investor Psilos Group led the round and was… Continue Reading

Life sciences briefing: Wednesday, Jan. 23, 2008

Life sciences briefing: Wednesday, Jan. 23, 2008

TODAY’S HEADLINES:

Mauna Kea Tech raises $30M for in-vivo cellular imaging (release)
Knopp Neuro takes in $10M for Lou Gehrig’s drug (release)
Cardiovascular Systems, arterial-plaque device maker, files for $86M IPO (Edgar)
Diagnostics maker BG Medicine withdraws IPO (release)
Signature Genomics Labs sells stake to Ampersand Ventures (release)
Cambridge Temp raises… Continue Reading

Health Hero raises $16M for web-based home monitoring technology

Health Hero Network, a Redwood City start-up that provides a Web-based technology for people to monitor chronic health problems from their home, has raised $16 million in a second round of funding.

The product is called the Health Buddy System. The investment was led by existing… Continue Reading